diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index 164f3d26..722069bd 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -43,7 +43,7 @@ jobs:
           build*/**/bin
           build*/**/fortran
 
-  # build wheels only for cpython versions 3.8-3.12 on linux and windows 64-bits
+  # build wheels for cpython versions 3.8+ on linux and windows 64-bits
   python_build:
     name: Build ittapi wheels
     runs-on: ${{ matrix.os }}
@@ -52,14 +52,14 @@ jobs:
       matrix:
         include:
           - os: ubuntu-latest
-            cibw_skip_args: "*_i686 *-musllinux_* cp313-*"
+            cibw_skip_args: "*_i686 *-musllinux_* cp*t-*"
           - os: windows-latest
-            cibw_skip_args: "*-win32 *_i686 cp313-*"
+            cibw_skip_args: "*-win32 *_i686 cp*t-*"
     steps:
       - name: Checkout sources
         uses: actions/checkout@de0fac2e4500dabe0009e67214ff5f5447ce83dd # v6.0.2
       - name: Install cibuildwheels
-        run: python -m pip install cibuildwheel==2.20.0
+        run: python -m pip install cibuildwheel==3.3.1
       - name: Build ittapi python wheels
         run: python -m cibuildwheel python --output-dir python_dist
         env:
diff --git a/python/ittapi.native/ittapi.cpp b/python/ittapi.native/ittapi.cpp
index 236ce90f..b4f0401d 100644
--- a/python/ittapi.native/ittapi.cpp
+++ b/python/ittapi.native/ittapi.cpp
@@ -42,8 +42,8 @@ static int exec_ittapi_module(PyObject* module)
     PyModule_AddFunctions(module, ittapi_functions);
 
     PyModule_AddStringConstant(module, "__author__", "Egor Suldin");
-    PyModule_AddStringConstant(module, "__version__", "1.2.0");
-    PyModule_AddIntConstant(module, "year", 2024);
+    PyModule_AddStringConstant(module, "__version__", "1.2.1");
+    PyModule_AddIntConstant(module, "year", 2026);
 
     return 0;
 }
diff --git a/python/pyproject.toml b/python/pyproject.toml
index 87c203f5..e8dac8ca 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "ittapi"
-version = "1.2.0"
+version = "1.2.1"
 authors = [
   { name="Egor Suldin"},
 ]
@@ -16,6 +16,8 @@ classifiers = [
 	"Programming Language :: Python :: 3.10",
 	"Programming Language :: Python :: 3.11",
 	"Programming Language :: Python :: 3.12",
+	"Programming Language :: Python :: 3.13",
+	"Programming Language :: Python :: 3.14",
 ]
 
 [project.urls]
diff --git a/python/setup.py b/python/setup.py
index 96d9b1ca..450845d5 100644
--- a/python/setup.py
+++ b/python/setup.py
@@ -131,7 +131,7 @@ def build_extension(self, ext) -> None:
 
 
 setup(name='ittapi',
-      version='1.2.0',
+      version='1.2.1',
       description='ITT API bindings for Python',
       packages=['ittapi', 'ittapi/compat'],
       ext_modules=[ittapi_native],